Northfield Bancorp, Inc. - Understand $nfbk stock

$NFBK Market Cap: $568.9 Million

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Financial Snapshot

Revenue

$4.796M

TTM

Gross Margin

Net Earnings

$26.92M

TTM

Current Assets

Current Liabilities

$103.5M

Q3 2024

Current Ratio

Total Assets

$5.731B

Q3 2024

Total Liabilities

$5.031B

Q3 2024

Book Value

$699.6M

Q3 2024

Cash

$232.9M

Q3 2024

P/E

21.14

Nov 29, 2024 EST

Free Cash Flow

$36.96M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$5.479M	$5.705M	$172.3M	$168.1M	$165.1M	$147.3M	$132.9M	$125.0M	$101.8M	$91.70M	$92.47M	$91.54M	$91.02M	$86.50M
YoY Change	-3.96%	-96.69%	2.47%	1.82%	12.12%	10.86%	6.32%	22.81%	10.97%	-0.83%	1.02%	0.57%	5.23%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$5.479M	$5.705M	$172.3M	$168.1M	$165.1M	$147.3M	$132.9M	$125.0M	$101.8M	$91.70M	$92.47M	$91.54M	$91.02M	$86.50M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.700M	$3.600M	$3.900M	$3.900M	$3.600M	$3.000M	$3.200M	$3.600M	$3.400M	$3.600M	$3.600M	$2.800M	$2.100M	$1.800M	$2.130M	$2.000M	$1.890M	$1.880M	$2.180M
YoY Change	2.78%	-7.69%	0.0%	8.33%	20.0%	-6.25%	-11.11%	5.88%	-5.56%	0.0%	28.57%	33.33%	16.67%	-15.49%	6.5%	5.82%	0.53%	-13.76%	26.74%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$84.13M	$21.38M	$16.65M	$38.34M	$53.36M	$36.05M	$23.98M	$21.67M	$19.69M	$15.35M	$16.95M	$22.64M	$25.41M	$24.41M
YoY Change	293.45%	28.43%	-56.57%	-28.15%	48.01%	50.36%	10.65%	10.06%	28.24%	-9.42%	-25.15%	-10.9%	4.13%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	$51.76M	$84.86M	$97.13M	$50.03M	$53.02M	$49.71M	$51.75M	$39.80M	$31.51M	$32.12M	$29.88M	$24.95M	$23.32M	$20.16M	$18.70M	$23.00M	$9.000M	$17.00M	$23.50M
YoY Change	-39.0%	-12.63%	94.16%	-5.65%	6.66%	-3.93%	30.03%	26.31%	-1.92%	7.49%	19.79%	6.98%	15.66%	7.82%	-18.7%	155.56%	-47.06%	-27.66%	-9.62%
Income Tax	$14.09M	$23.74M	$26.47M	$13.04M	$12.79M	$9.632M	$26.98M	$13.67M	$11.98M	$11.86M	$10.74M	$8.916M	$6.497M	$6.370M	$6.600M	$7.200M	-$1.600M	$6.200M	$10.40M
% Of Pretax Income	27.22%	27.98%	27.26%	26.06%	24.12%	19.38%	52.14%	34.34%	38.01%	36.91%	35.93%	35.74%	27.86%	31.59%	35.29%	31.3%	-17.78%	36.47%	44.26%
Net Earnings	$37.67M	$61.12M	$70.65M	$36.99M	$40.24M	$40.08M	$24.77M	$26.13M	$19.53M	$20.27M	$19.15M	$16.03M	$16.82M	$13.79M	$12.10M	$15.80M	$10.50M	$10.80M	$13.20M
YoY Change	-38.37%	-13.5%	91.02%	-8.07%	0.39%	61.82%	-5.21%	33.79%	-3.63%	5.84%	19.44%	-4.71%	21.97%	13.99%	-23.42%	50.48%	-2.78%	-18.18%	-19.51%
Net Earnings / Revenue	687.52%	1071.32%	41.01%	22.0%	24.36%	27.21%	18.64%	20.91%	19.19%	22.1%	20.71%	17.51%	18.48%	15.95%
Basic Earnings Per Share	$0.86	$1.32	$1.46	$0.76	$0.86	$0.87	$0.55	$0.59	$0.46	$0.41	$0.35	$0.30	$0.30	$0.24
Diluted Earnings Per Share	$0.86	$1.316M	$1.45	$0.76	$0.85	$0.85	$0.53	$0.57	$0.45	$0.41	$0.34	$0.29	$0.30	$0.24	$202.7K	$261.2K	$173.8K	$343.9K	$420.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$54.97M	$59.13M	$59.90M	$64.90M	$65.20M	$25.60M	$25.70M	$26.90M	$23.60M	$26.20M	$29.10M	$29.80M	$20.00M	$16.10M	$12.70M	$8.900M	$7.700M	$8.200M	$9.200M
YoY Change	-7.03%	-1.28%	-7.7%	-0.46%	154.69%	-0.39%	-4.46%	13.98%	-9.92%	-9.97%	-2.35%	49.0%	24.22%	26.77%	42.7%	15.58%	-6.1%	-10.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$5.598B	$5.601B	$5.431B	$5.515B	$5.055B	$4.408B	$3.991B	$3.850B	$3.203B	$3.021B	$2.703B	$2.813B	$2.377B	$2.247B	$2.002B	$1.758B	$1.387B	$1.295B	$1.409B
YoY Change
Accounts Payable	$25.10M	$26.00M	$24.90M	$19.70M	$20.00M	$18.00M	$14.80M	$12.30M	$10.90M	$7.800M	$6.400M
YoY Change	-3.44%	4.4%	26.4%	-1.5%	11.11%	21.62%	20.33%	12.84%	39.74%	21.88%
Accrued Expenses	$74.92M	$78.83M	$74.70M	$72.50M	$74.20M	$28.60M	$29.20M	$29.80M	$20.90M	$19.80M	$17.20M	$18.90M	$16.60M	$85.70M	$13.70M	$10.80M	$17.10M	$11.60M	$12.20M
YoY Change	-4.96%	5.53%	3.03%	-2.29%	159.44%	-2.05%	-2.01%	42.58%	5.56%	15.12%	-8.99%	13.86%	-80.63%	525.55%	26.85%	-36.84%	47.41%	-4.92%
Deferred Revenue
YoY Change
Short-Term Debt	$25.00M	$25.00M	$56.80M	$81.80M	$81.00M	$5.300M	$7.000M	$17.50M	$62.30M	$142.3M	$58.50M	$229.4M	$279.0M	$243.0M	$206.0M	$170.0M	$20.00M	$106.0M	$233.6M
YoY Change	0.0%	-55.99%	-30.56%	0.99%	1428.3%	-24.29%	-60.0%	-71.91%	-56.22%	143.25%	-74.5%	-17.78%	14.81%	17.96%	21.18%	750.0%	-81.13%	-54.62%
Long-Term Debt Due												$1.500M	$1.700M	$1.900M	$2.100M	$2.300M	$2.400M	$2.500M
YoY Change												-11.76%	-10.53%	-9.52%	-8.7%	-4.17%	-4.0%
Total Short-Term Liabilities	$125.0M	$104.8M	$99.60M	$92.20M	$94.20M	$46.60M	$44.00M	$42.10M	$31.80M	$27.60M	$23.60M	$20.40M	$18.30M	$87.60M	$15.80M	$13.10M	$19.50M	$14.10M	$12.20M
YoY Change	19.27%	5.25%	8.03%	-2.12%	102.15%	5.91%	4.51%	32.39%	15.22%	16.95%	15.69%	11.48%	-79.11%	454.43%	20.61%	-32.82%	38.3%	15.57%
Long-Term Debt	$895.5M	$619.9M	$0.00	$0.00	$0.00	$0.00	$300.0K	$2.500M	$8.700M	$63.90M	$126.2M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	44.47%					-100.0%	-88.0%	-71.26%	-86.38%	-49.37%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$895.5M	$619.9M	$0.00	$0.00	$0.00	$0.00	$300.0K	$2.500M	$8.700M	$63.90M	$126.2M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	44.47%					-100.0%	-88.0%	-71.26%	-86.38%	-49.37%
Total Liabilities	$4.899B	$4.900B	$4.691B	$4.761B	$4.359B	$3.742B	$3.353B	$3.229B	$2.643B	$2.427B	$1.987B	$2.398B	$1.994B	$1.851B	$1.611B	$1.371B	$1.020B	$1.131B	$1.257B
YoY Change	-0.02%	4.46%	-1.47%	9.2%	16.5%	11.62%	3.83%	22.18%	8.9%	22.16%	-17.16%	20.26%	7.77%	14.89%	17.47%	34.48%	-9.83%	-10.03%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	43.56M shares	46.23M shares	48.42M shares	48.72M shares	46.78M shares	46.32M shares	45.33M shares	44.37M shares	42.29M shares	49.01M shares	54.64M shares	54.34M shares	56.22M shares	58.07M shares
Diluted Shares Outstanding	43.64M shares	46.44M shares	48.75M shares	48.79M shares	47.16M shares	47.11M shares	46.88M shares	45.72M shares	43.48M shares	50.03M shares	55.56M shares	55.12M shares	56.84M shares	58.46M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $568.91 Million

About Northfield Bancorp, Inc.

Northfield Bancorp, Inc. is a holding company which engages in the provision of banking and financial services. The company is headquartered in Woodbridge, New Jersey and currently employs 397 full-time employees. The company went IPO on 2007-11-08. The Bank is a federally chartered savings bank. The Bank conducts business from its operations center located in Woodbridge, New Jersey, its home main office located at a branch in Staten Island, New York, and its 38 additional branch offices located in New York and New Jersey. The Bank's principal business consists of originating multifamily and commercial real estate loans, construction and land loans, commercial and industrial loans, and home equity loans and lines of credit. The company offers a variety of deposit accounts, including certificates of deposit, passbook, statements, and money market savings accounts, transaction deposit accounts, which are Northfield Bank’s primary source of funds for its lending and investing activities. Its principal lending activity is the origination of multifamily real estate loans and other commercial real estate loans in New York, New Jersey, and eastern Pennsylvania.

Industry: Savings Institution, Federally Chartered Peers: Capitol Federal Financial, Inc. FEDERAL AGRICULTURAL MORTGAGE CORP FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE Guild Holdings Co Kearny Financial Corp. Luther Burbank Corp Merchants Bancorp NMI Holdings, Inc. Rocket Companies, Inc. TRUSTCO BANK CORP N Y